FIA nets $26.7m from 2023 F1 entry fees

  • 📰 autosport
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The FIA has collected $26.7m in licence fees from the F1 drivers and teams💲 Here's the full story and a breakdown of the fees ⬇️

Drivers and teams are charged a fee to participate in the world championship based on their results from the previous year, with a flat fee adding to a set amount per point scored.

With 23 races and six sprints, there will be 443 more points available in 2023 than five years ago, before the advent of sprints and bonus points for the fastest lap. The driver fees are not made public, but Autosport has learned that for 2023 their points-based fee has been increased by nearly 30% from $1,623 to $2,100 per point scored.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thanks for the money guys but keep your mouth SHUT

😵

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 90. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FIA nets $27m from 2023 F1 entry feesThe FIA has banked $26.7 million from collecting licence fees from the 20 Formula 1 drivers and their teams, an amount which Red Bull's Max Verstappen has called 'absurd'. I’m liking Max more and more everyday. So glad someone speaks up about this absurdity. Somebody has to cover expenses. This money will cover FIA's F1 operation and many other series. They cant go ask that from tiny semi-profesional teams. At the end F1 is turned out to be the football of motorsports. Some stars get absurd money the organising agency get absurd money and the teams try to stay afloat. It is too much money in stake and everyone wants to get some.
Source: Motorsport - 🏆 11. / 86 Read more »

2023 Spring Training survey: MLB insiders on the players, teams and stories to watchWhat are the biggest storylines heading into spring training? jaysonst asked MLB insiders: ◽️ Trea Turner is a 'possible MVP' ◽️ Was Jacob deGrom the 'worst free-agent signing' this winter? ◽️ 'Ohtani! Everything Ohtani!' Ken_Rosenthal jaysonst The dismantling of the redsox by a front office who won’t spend money. Ken_Rosenthal jaysonst $RAVE restaurant, not the token, Is Something Everyone Should Know 👀 👀 New Target Is $4.00 LETS GET IT DONE!!!! wallstreetbets Stonks Ken_Rosenthal jaysonst Nice piece. A full off-season recap & Laid out all the fun storylines to watch at Spring Training. 👍🏾
Source: TheAthletic - 🏆 54. / 63 Read more »

Enter Shikari mark start of new era in style at New CenturyAlt rock band Enter Shikari played their second show of 2023 in Manchester
Source: MENnewsdesk - 🏆 23. / 69 Read more »

Even at F1 2023 launch stage the signs are ominous for McLarenFor McLaren to be talking about a need for improvement in the early stages of the season, is far from a good sign... F1 PAIN What a pile of click bait any race team worthy of the name is always in a development cycle and wants improvement it's the nature of the beast
Source: Planet_F1 - 🏆 126. / 51 Read more »

Silentnight Divan Base Review 2023The Silentnight Divan Base offers an excellent choice of storage options, but how does it stack up to sleep on?
Source: techradar - 🏆 51. / 63 Read more »

Top tips for first-time buyers looking to step onto the property ladder in 2023Property expert shares four key things to consider when planning a budget for a new home.
Source: Daily_Record - 🏆 9. / 89 Read more »